Printing Corporation of Pakistan in need of Rs 6.3 million bailout package

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LAHORE: Printing Corporation of Pakistan is currently facing extreme financial troubles and has demanded a bailout package of Rs 6.3 million from the government.

Printing Corporation has told the government that they are in such a miserable state in terms of finances that they couldn’t even pay pensions and salaries of last 2 months.

The corporation has demanded an amount of Rs 6.3 million from the government so that they can proceed with payment of salaries and pensions.

The salary budget is around Rs 2 million whereas more than Rs 1 million is required to pay pensions.